Tel: +27 21 551 1337 Email: spr@starjobs.co.za

Credit/Loan Analyst (Ref 105)

Full time
Cape Town, Northern Suburbs
Posted 2 months ago

Be part of an exciting fin-tech company that is growing rapidly to keep up with the financing requirements of the SME market.

Globally, technology is transforming the lending industry and changing the way business owners access finance through the introduction of smarter and faster lending solutions.

This business has assisted the SME industry since 2016, making a difference to many SME businesses. Be part of a fast-paced business where business loans up to R3m are approved and paid out within 72 hours.

You will work “hands-on” within a close-knit team to originate prospective business loan applications and to provide customer service throughout the loan origination journey.

As a Credit | Loan Analyst you will be responsible for

  1. Loan Origination: analysing, review and evaluation of loan applications,
  2. Customer service/interaction throughout the loan value chain
  3. Compliance

The ideal candidate is energetic & hard-working, possesses strong relationship building/sales development skills, the ability to communicate financial concepts in simplistic terminology, analytical skills, good time management skills, good planning and organisational skills and strong admin skills.

Loan origination

  • Review and evaluates loan applications and documentation for completeness.
  • Preparing, reviewing, and analysing the creditworthiness of all business loan originations and refinances by completing a credit scorecard.
  • Review of the financial status of the client by interpreting financial statements and SARS documentation.
  • Request additional information and follow up outstanding applications.
  • Engaging with clients (telephonically and written) throughout the loan origination journey.
  • Creating loan quotes and proposals in conjunction with the credit and legal team.
  • Determine loan pricing, repayment mechanisms and terms (in consultation with credit team).
  • Providing professional customer service, through quick turn-around time and effective communication, whilst adhering to the lending guidelines and practices.
  • Contribute to the achievement of monthly business targets.

Administrative duties

  • “Pipeline management” from origination through to close.
  • Post-close due diligence to ensure the loan is documented as approved and is in compliance with business/credit rules, relevant regulations, and internal policies and guidelines.
  • Deal with refinancing requests.
  • Obtain and file copies of loan applicants’ credit history, corporate financial statements, and other financial information.
  • Constantly reviewing and improving the origination and lending process in order maintain highest level of efficiency, and ability to allocate more time to origination and business development.

Compliance

  • Operate in compliance with laws and regulations and adhere to lending compliance guidelines.

Qualifications:

  • Accounting or business qualification (will consider comparable experience)
  • 5 years of work experience in loan origination/administration
  • Familiarity with loan administration, accounting and banking applications/software
  • Financial/accounting skills with the ability to understand and interpret financial statements, historical trends, budgets, projections, management performance, industry and cash flow information.

Additional Requirements:

  • Strong analytical skills (data analyses)
  • Excellent excel skills (pivots, lookups).
  • Strong administrative skills.
  • Solid understanding of lending products and practices
  • Negotiation skills
  • Strong project management – planning, organisational & time management
  • Excellent written and verbal communication and interpersonal skills
  • Extremely well organized with the ability to effectively multi-task and calmly handle diverse workloads while maintaining a positive customer-focused attitude
  • Deadline driven (sense of urgency) at all times
  • Problem solving
  • Customer satisfaction orientation and sales competencies
  • Ability to work in a goal-oriented environment
  • Resourceful and the ability to take initiative
  • Ability to work in a team and support sub-teams

Job Features

Job CategoryCredit Analyst, Loans

Apply Online

A valid email address is required.
A valid phone number is required.

You are submitting your CV containing personal information to Star Personnel in response to this advertised vacancy.  Although Star Personnel will endeavor to receive, process and store your personal information carefully and in accordance with the relevant laws, you accept that the nature of transmitting your data via any electronic means comes with some risks.   In accordance with the POPI Act - you hereby give permission to Star Personnel Recruitment (Pty) Ltd to store, process and submit your personal information to potential job vacancies.   Please do not submit your CV if you do not accept these risks.   Instead, you are welcome to call us on +27 21 5511337. Should you wish to remove your details from our database at any time, please email spr@starjobs.co.za at any time. Thank you for your understanding.

Star Personnel Recruitment

Star Personnel Recruitment